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China’s Relationship with the US is in for a Reckoning

Posted on the 25 July 2024 by Phil's Stock World @philstockworld

By Katherine Li, Semafor

For both US political parties, the US relationship with China is a hot priority. Attacks on China from lawmakers up and down the ballot have stepped up as the November election nears, with a focus on trade, manufacturing, and illegal fentanyl.

Biden has enacted tariffs on some Chinese goods and promised more, a hardened stance his Vice President Kamala Harris may continue to follow if she clinches the Democratic nomination for president. Meanwhile, Trump is proposing a 60% tariff if he wins in November.

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